GroundRules
Va. Code § 6.2-867: Discount by officer, director, or employee of paper refused by bank
Where this section sits in the code
- Title 6.2. FINANCIAL INSTITUTIONS AND SERVICES
- Subtitle II. DEPOSITORY INSTITUTIONS AND TRUST ORGANIZATIONS
- Chapter 8. BANKS
- Article 8. DIRECTORS AND OFFICERS; DIVIDENDS
No officer, director, or employee of a bank may purchase or discount any note or paper at a rate of interest in excess of what such bank might charge knowing that such bank has refused to purchase or discount such paper.Code 1950, § 6-44; 1966, c. 584, § 6.1-53; 2010, c. 794.
Collected 2026-09-04T15:12:34Z. Source file · JSON